Shares of Bharti Infratel Ltd NSE -0.31 %. traded 0.57 percent higher in Thursday's session at 12:25PM (IST). The stock opened at Rs 192.8 and has touched an intraday high and low of Rs 194.5 and Rs 190.8, respectively, during the session so far.


The stock quoted a 52-week high of Rs 295.75 and a 52-week low of 121.25. About 105,166 shares changed hands on the counter so far.


Benchmark Nifty50 was down 62.15 points at 11875.50, while the BSE Sensex traded 220.08 points lower at 40487.23 at the time of writing of this report.


In the Nifty pack, 19 stocks traded the day in the green, while 31 were in the red.

Key Financials
For the quarter ended 30-Jun-2020, the company reported consolidated sales of Rs 1635.4 crore, down 2.78 per cent from the previous quarter's Rs 1682.1 crore and down 5.22 per cent from the year-ago quarter. The company reported net profit of Rs 703.6 crore for the latest quarter.

Promoter Holdings
Promoters held 53.51 percent stake in the company as of 30-Sep-2020, while FIIs held 40.89 percent and MFs 0.67 percent.


Technicals
On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 203.33 on October 22, while the 50-DMA was at Rs 193.67. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend, and if trades between these averages, then it suggests the stock can go either way.